Many beginners do trade on a live account. In fact you will find that they do not want to waste time on a demo trading account because they believe that they are missing a lot by not participating in live account trading. That is the reason you see that we are always saying on this forum that never trade live until you trade with much time on demo trading account.
I think that it is part of the trading business that each and every trader should learn to manage their trading business very well with ideal implementation of risk and money management. Also it is very much important for the traders that they should try to take up the best and highly potential trades to win in the forex market with confidence.
The beginners should start from the demo account to first get the practice, experience and fundamental knowledge of trading. This account is also very helpful in the real trading. This is also a good teacher for the beginners.
my advice to beginners so when you will be practice to demo account then try to control to emotion and follow the news then you will be success so demo account practice experience is very effective for the real trading business.
Improve your analysis in trading. Choose time frames that suits your trading style. If you are a scalper analyzed higher time frames as your guide and used lower time frames to enter the market. If you are a long term trader choose H4 and above for better entry point for your trades.
Am still hibernating, will wake up one day, all depends on fate. Hope to see you all-soon! Miss you all friends!
my advice for all trader especially for beginner trader, forex trading is very hard and most risky business, it's not easy business to earn easy money, it's very dangerous online business in this world, don't make investing in live account if you are still newbie, use demo trading to learn and practice first
I think as beginner they need trade with money management and risk management , first is they thinking how to saving before thinking how to boosting , and with strict risk management i think will giving many opportunity to making new transaction , and they can learn from their mistake to making betterment trading skills